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15 years to save a 15% mortgage deposit

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  • 15 years to save a 15% mortgage deposit

    A study from Fairinvestment.co.uk has discovered that it could take first-time buyers 15 years on average to save a deposit for their first home.According to the Halifax, the average house price currently stands at £174,178. Fifteen percent of this is £26,127 and with the average amount of £139 being saved each month, this equates an [...]

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  • #2
    ouch. thats a long time to save.